Lagos State Governor Babajide Sanwo-Olu has announced a significant increase in the minimum wage for workers in the state to N85,000.
During a Channels TV interview, “One-On-One with Babajide Sanwo-Olu,” the governor revealed that the new wage was agreed upon with labor unions, citing affordability and capacity as the driving factors.
Sanwo-Olu previously raised the minimum wage from N35,000 to N70,000, demonstrating his commitment to enhancing worker compensation and addressing the high cost of living in Lagos.
Details:
– New Minimum Wage: N85,000
– Effective Date: To be confirmed
– Previous Increase: N35,000 to N70,000
– Rationale: Affordability and capacity
This move is expected to improve the standard of living for Lagos workers and reinforce the state’s position as a leader in worker welfare.